Benzinga's options scanner just detected over 10 options trades for Foot Locker FL summing a total amount of $1,049,487.
At the same time, our algo caught 3 for a total amount of 122,606.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $20.0 to $42.5 for Foot Locker during the past quarter.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Foot Locker's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Foot Locker's significant trades, within a strike price range of $20.0 to $42.5, over the past month.
Foot Locker Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| FL | CALL | TRADE | BULLISH | 04/19/24 | $37.50 | $500.0K | 395 | 2.0K |
| FL | CALL | SWEEP | BULLISH | 01/17/25 | $20.00 | $188.7K | 721 | 179 |
| FL | CALL | SWEEP | BULLISH | 01/17/25 | $27.50 | $84.6K | 520 | 150 |
| FL | PUT | SWEEP | BULLISH | 06/21/24 | $42.50 | $62.0K | 89 | 75 |
| FL | CALL | SWEEP | BULLISH | 01/17/25 | $27.50 | $56.8K | 520 | 49 |
About Foot Locker
Foot Locker Inc operates thousands of retail stores throughout the United States, Canada, Europe, Australia, and New Zealand. It also has one franchisee in the Middle East and one in South Korea, each of which operates multiple stores in those regions. The company mainly sells athletically inspired shoes and apparel. Foot Locker's merchandise comes from only a few suppliers, with Nike providing the majority. Store names include Foot Locker, Champs, and Runners Point. The company also has an e-commerce business selling through Footlocker.com, Eastbay, and Final-Score.
Having examined the options trading patterns of Foot Locker, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Foot Locker Standing Right Now?
- With a trading volume of 1,953,817, the price of FL is down by -0.12%, reaching $34.39.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 5 days from now.
Professional Analyst Ratings for Foot Locker
In the last month, 3 experts released ratings on this stock with an average target price of $32.333333333333336.
- Consistent in their evaluation, an analyst from Telsey Advisory Group keeps a Outperform rating on Foot Locker with a target price of $38.
- An analyst from Piper Sandler has decided to maintain their Overweight rating on Foot Locker, which currently sits at a price target of $37.
- Maintaining their stance, an analyst from Citigroup continues to hold a Sell rating for Foot Locker, targeting a price of $22.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Foot Locker with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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